PHOTO: DEPOSIT PHOTOS
PHOTO: DEPOSIT PHOTOS
Matthew Fazelpoor//March 15, 2024//
The state was awarded nearly $180 million in federal funding through the U.S. Treasury’s Capital Project Fund (CPF) to support a slew of critical capital projects.
In a press release announcing the award, Gov. Phil Murphy thanked the Biden-Harris administration as well as the state’s congressional delegation. He said the funding will go toward projects that promote public health and safety, digital connectivity and equitable access to critical services.
“This funding will help strengthen infrastructure and improve access to essential services, and in many instances it will be a game-changer that has a lasting impact on communities across our state,” said Murphy.
The CPF is a component of the broader American Rescue Plan. It is designed to provide funding to enhance quality of life, economic vitality and resilience of communities across the country.
“This funding is key to President [Joe] Biden’s Investing in America agenda and will help increase access to high-speed internet for thousands of New Jerseyans so they can compete in the 21st century economy,” said Deputy Secretary of the U.S. Treasury Wally Adeyemo.
“These are essential investments in New Jersey’s future, expanding access to high-speed internet, rebuilding schools, making it safer for mothers giving birth, and more,” said U.S. Sen. Cory Booker, D-N.J.